PSD2 is legislated by the European Union and provides a legal framework for digital payments made in Europe. The aim is to increase innovation and transparency across the European payments market, while enhancing the security of Internet payments and account access.

“PSD2 represents a digital payments revolution, putting the consumer at the center of every transaction. It calls on financial services providers of all types to innovate new, secure and more convenient ways of delivering transaction services,” says Ian Clark, senior director, Solutions, CA Technologies. “PSD2 Solution by CA breaks down the barriers to that innovation by giving customers a head start with specific PSD2 guidance on policies and rules, plus API and use case documentation. It is a one-stop solution to help organisations prepare for the 2018 PSD2 deadline.”

The PSD2 Solution includes use cases that can address enrolling TPPs; consumers consenting access to their accounts; and strong customer authentication and context-based risk evaluation, which underpins the real-time validation of users.

In addition, the PSD2 Solution’s architecture allows organizations to add layers of functionality for new, innovative use cases, such as strong authentication, performance monitoring and DevOps capabilities. The platform also can be expanded to help organizations satisfy upcoming Open Banking API or FAPI (Financial API) requirements.

CA Directory – High performing repository for managing TPP data, credentials and user data big loads that helps to comply with other regulations such as GDPR. Offers ability to partition the directory tree across multiple servers, which helps the organisation understand where personal data is physically stored.

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CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com/ar.